Congresswoman Victoria Spartz on Wednesday sent a bipartisan, bicameral letter with Reps. Rosa DeLauro (D-Conn.), Brian Fitzpatrick (R-Pa.), Bill Pascrell (D-N.J.), and Sens. Bob Casey (D-Pa.), John Cornyn (R-Texas) and Chuck Schumer (D-N.Y.), urging the Biden Administration to take immediate action to safeguard national security and supply chain resiliency on outbound investments in adversarial states.
Spartz
“When we cede our manufacturing power and technological know-how to foreign adversaries, we are hurting our economy, our global competitiveness, American workers, industry and national security,” the members of Congress wrote. “Government action on this front is long overdue to address the scope and magnitude of these serious risks we face as a country.”
This bipartisan group of lawmakers previously worked together to introduce the National Critical Capabilities Defense Act based on the recommendations of the U.S.-China Economic and Security Review Commission created by Congress in 2000, which was stripped from the CHIPS Act of 2022 by the Administration. The legislation would have established an interagency outbound investment review committee in order to better understand the vulnerabilities created in U.S. supply chain as private industries continue to offshore critical capabilities to China and other foreign adversaries.